October 13, 2016 – Dallas, TX: CIC Partners ("CIC"), a Dallas-based private equity firm, is pleased to announce a majority investment in Activa Resources, LLC ("Activa" or the "Company"). Based in San Antonio, Texas, Activa is an independent oil and gas company focused on acquiring legacy oil and gas fields and applying new technology to optimize their development. Their current properties include a portfolio of onshore oil and gas assets in East Texas, South Texas, and Arkansas.

"We are very pleased to have found a partner in CIC that shares our core values and has a proven track record in the oil and gas industry," said John Hayes, President of Activa. "We look forward to building on the reserve base and assets we have developed in partnership with Activa Resources AG and believe this new partnership will ultimately enhance value for all equity holders."

As part of this transaction, Marshall Payne, Chris Cowan, and Bayard Friedman will join the Company's board along with John Hayes. Leigh A. Hooper will also serve on the Board to represent Activa Resources AG.

Marshall Payne, Partner at CIC, noted, "This investment fits CIC's strategy of investing in oil and gas assets with a substantial opportunity to organically grow reserves and production with minimal geologic risk. We are looking forward to partnering with the team to provide both capital and industry expertise to help accelerate Activa's growth."

Chris Cowan, CIC Operating Partner and Former EVP of Energy Banking at Texas Capital Bank added, "Having developed a relationship with John over the past decade, I am excited about the opportunity to be on the same team with him. His track record of leveraging new technology to optimally redevelop old fields made him a prime candidate for an investment by CIC."

CIC Partners Vice President, Bayard Friedman, remarked, "We are always looking for opportunities to develop low finding cost, high margin reserves in partnership with prudent stewards of capital. John and his team bring an entrepreneurial bent and decades of experience to some real compelling assets."

ABOUT CIC PARTNERS

CIC Partners is a middle-market private equity firm that invests in growth-oriented companies primarily in the food, restaurant, and energy industries. CIC manages the personal capital of its investment team, operating partners and strategic investors and seeks to partner with owner-operators, founders and management teams. CIC looks for opportunities where it can leverage the collective experience of its investment team and its operating partners, who are successful CEOs and entrepreneurs, to guide, support and add value to portfolio companies. Based in Dallas, Texas, the firm has been generating wealth in private-equity investing for its investors and management teams for over 25 years. For additional information, please visit www.cicpartners.com.

ABOUT ACTIVA RESOURCES, LLC

Activa Resources, LLC is an independent oil and gas company which focuses on the acquisition, development and exploitation of oil and natural gas properties in the United States. The company owns a portfolio of drilling rights to oil and natural gas projects. The company's management comprises oil industry experts with many years operational experience at major international oil companies. Activa commenced production of oil and natural gas in 2005.